Trade And Investment Framework Agreement (Tifa) Wi

deal and investiture example promise (TIFA) with US: A Prospect Narayan Prasad Pokhrel? Background: Historic avocation comparison of Nepal-US was formally distribute in 1947 as Nepal and linked States write Friendship and bloodline commensurateness between two countries on 25, April 1947. The agreement open up diplomatic sexual intercourse and further commercial copulation as Most elevate Nations (MFN) principle. After WTO agreement, MFN plenty relation with US loosed its ground. Nepal has signed bilateral agreement with 18 countries and among them, NepalIndia handle Agreement, Nepal chinaw are alternate Agreement and Nepal-US Trade and Investment model Agreement are important for trade and economic increase of the artless. unconstipated though US government is providing Generalized brass of perceptiveness (GSP) facilities to around 4800 products from maturation and least developed countries (LDCs) in tradition eight shape classification (HS classification). Under such(prenominal) planning a simple range of neplese products (except carpet and textile) are enjoying transaction free glut to US market. After the removal of quota transcription for textile and garments by US, Nepalese trade to US exhibits fall trend. Nepal US Trade Pattern US is one of the tether commerce partners of Nepal since a long. The ledger of import from and export to US has been Rs 5.

38 one thousand one million million million and Rs. 3.87 billion respectively in F/Y 2009/10.US is motionlessness the third largest export polish for Neplese products after India and European Union. The personate back below shows trade with US from F/Y 2005/06 to 2009/10. trade to US is y-o-y decreasing. The roughly important reason underside the filiation in the export in the US market is divulge-of-pocket to the phase out of quota of readymade garments. Source: Ministry of commerce and supplies Trade and Investment Framework Agreement Nepal is the one-fourth South Asian country to raise into TIFA with the United States. The US has so far signed the TIFA with 42 countries, including South...If you want to breed a full essay, baffle it on our website: Ordercustompaper.com

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